Search results

you seem smart enough to know what cherry picking is.

SIVBs problems were known to specialists covering financials: Most equity research analysts saw it too:

:D

Okay glad to hear you're making unprecedented pnl. Looking forward to reading Bloomberg articles about your success in forecasting fx pairs.

it strikes me that you are missing the actual ocean current, which are real rate differentials and positioning. Should take a look at a post @Kevin Schmit made about how he approaches trading FX, and then incorporate that into yours.

There is no steam chasing in stocks anymore —that is now dominated by ULL HFT, DE Shaw, Renaissance Tech, citadel, and Virtu.

Sports betting is very applicable to trading. If you’re trading stocks then the key catalysts are either macro (Fed meeting) or micro (company earnings, conference attendance). The information is used to track how likely a stock is to beat or miss earnings. Information (such as price or news) in...

No lol.

@Anothertrader1 h/t for @MrMuppet just putting this out there: If you’re interested in becoming a serious trader, then I’d be willing to train you in exchange for a 2year NDA + 2yr exclusive ownership of your trade ideas (though you may trade them too). After training you would cover...

This makes me like the short even better. If they don’t hike then I’d cover.

Pausing rate hikes until the financial stability concerns are resolved (which takes time).

alpha is in excess of beta. For example, stocks return 8% with a std of 16% but your stock selection portfolio did 12% with the same risk. That’s “4% alpha” (super simplistic but just an example). If you’re doing trend following then your beta is the benchmark of trend followers. in the above...

Ricola!

I think by definition alpha is a return in excess of beta returns. So for you to claim to generate alpha you have to be harvesting some type of anomaly to beta returns. This is beyond active risk (choosing different betas), and is consistent with EMH.

you're taking the first step in the right direction. Trading is a system 2 activity, not a system 1. What this experience tells you is that you need to create space between your trading thesis and trading execution. I would spend some time to focus on developing and refining a legit strategy...

Hey, sorry about your loss. I think your problem is that you are betting randomly and don't actually have a strategy rooted in evidence. The result is that you're experiencing gambling addiction, which is the opposite of successful/profitable trading. I recommend you take a step back and spend...

Hahahahahaha

Around 50 on KRE. I will manage size actively throughout though. If news comes out that policy makers are doing the right thing, then my thesis is broken and I’ll need to exit asap. On the other hand, if policy does the wrong thing but there’s something stupid happening in equities, I might...

Take Mark Meldrum's CFA prep! Mark Meldrum, Ph.D I sadly did not but I still watch his youtube videos. He's very good as drawing connections across the literature, which is the kind of example you'd want to have for a CFA. The only thing I do not like about his approach is that he's still not...

Personally not a fan of IBKRs risk metrics. I prefer uploading my portfolio into PORT on Bloomberg (I do the same with Refinitiv Eikon and their risk tool as well) and analyzing risk from a factor and active risk standpoint. However, within IBKR I'd say standard deviation, correlation, and...